I really had this question in my mind and wanted to ask was that one of the core principle and aim of Bitcoin is providing equal services and treat people equally without discrimination. But If we look at it from the perspective of "Power" it is creating a new generation of people who hold power I.e the early adaptors of Bitcoin (whales) who hold significant economic influence because they accumulated Bitcoin was undervalued.
So is it really solving the problem of inequality or Creating a new generation of people who hold power and shifting the inequality into a new form?( New Elites?)
Would love to hear your thoughts.
Well, Bitcoin is definitely solving the problem of governments and banks taking money's value away from the people by infinitely printing more money, basically stealing money from their own people in a way...
But there will always be inequality between the rich and the poor, even with Bitcoin. Some people are luckier, more daring, have more opportunity, and so on. There are many reasons for inequality. But Bitcoin definitely solves
some of these
reasons.
So it is definitely helping.
More work has to be done, Bitcoin alone will not be able to handle it.